""Everything is on fire, or at least that's how it feels whenever Washington starts talking about tariffs. Markets begin to sway like nervous tightrope walkers.""
""When I tried to get shipping estimates, the first two shippers I contacted are not shipping furniture now. The third shipper gave me a...""
The Supreme Court ruled on February 20 that President Trump's tariffs were unconstitutional, asserting that only Congress has the power to impose taxes and tariffs. Following this ruling, Trump announced new tariffs of up to 15% on goods from all countries under a different emergency powers law, which are temporary unless extended by Congress. This decision faced immediate legal challenges from multiple states. Additionally, a federal judge ruled that companies owed refunds for tariffs previously struck down, adding to the uncertainty in international trade.
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